Pune's real estate market experienced an 8% decline in property registrations in January 2025, compared to the same period last year. However, stamp duty collections remained stable, reflecting a trend towards premiumization in the housing market.
Pune Real EstateProperty RegistrationStamp DutyPremiumizationHomebuyer PreferencesReal Estate MumbaiFeb 25, 2025
Pune's real estate market reported an 8% Year-on-Year (YoY) decline in property registrations in January 2025.
The primary reason for the 8% drop in property registrations in January 2025 is the higher volume of property transactions during the festive season and the preceding months.
Stamp duty collections remained stable in January 2025, totaling ₹590 crore, which is nearly identical to the ₹589 crore collected in January 2024.
The demand for homes priced above ₹1 crore has notably increased, with the share of this segment growing from 13% in January 2024 to 15% in January 2025.
The demand for larger apartments remains strong, with the share of units over 800 sq. ft. rising from 28% in January 2024 to 31% in January 2025.
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